Odaily星球日报讯 OKX 行情显示，BTC 突破 71000 USDT，现报 71001.6 USDT，24H 跌幅收窄至 0.45%。

BTC突破71000 USDT，24H跌幅收窄至0.45%

Odaily Odaily that OKX market data showed that BTC broke through 71,000 USDT and is now trading at 71,001.6 USDT, with the 24-hour decline narrowing to 0.45%.

BTC breaks through 71,000 USDT, 24-hour decline narrows to 0.45%

On the eve of the 16th anniversary of the Bitcoin whitepaper, CZ, who has been out of the spotlight for a while, stated that 2024 will be a "year of recovery".

BTC briefly fell below $69,000. Where is the promised new high?

Odaily Planet Daily reported that Bitcoin fell below $70,000 on Thursday, triggering a panic sell-off by short-term holders (STHs). On that day, short-term holders transferred about $2.3 billion worth of Bitcoin (around 32,000 BTC) to exchanges at a loss, which is the largest single-day loss transfer since the unwinding of the Japanese Yen carry trade on August 5. At the same time, over the past three days, short-term holders have transferred more than $6 billion worth of Bitcoin to exchanges through profitable means, realizing some of their profits. Analysts pointed out that the US presidential election will be held on November 5, and investors are likely to reduce their risk exposure, which they often do on the last day of the month. (CoinDesk)

Bitcoin falls below $70,000, triggering panic selling among short-term holders

Odaily Planet Daily Report: According to a post by on-chain analyst <Dai Aunt>, reviewing the performance of BTC in October, the overall increase from the beginning to the end of the month was 14.2% (from $63,327 to $72,300), continuing the strong upward momentum since 2017, with the increase at a median level. If calculated based on the lowest and highest points, the maximum increase reached 24.89%, with a price difference of nearly $15,000.